Fifth Street Asset Management Inc. Class A
FSAM
FSAM was delisted on the 3rd of November, 2017.
43 hedge funds and large institutions have $20.8M invested in Fifth Street Asset Management Inc. Class A in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 11 closing their positions.
43% more capital invested
Capital invested by funds: $14.5M → $20.8M (+$6.24M)
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
7% less funds holding
Funds holding: 46 → 43 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.03M |
| 2 |
SCM
Springhouse Capital Management
Westport,
Connecticut
|
+$1.97M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.59M |
| 4 |
BlackRock
New York
|
+$641K |
| 5 |
FPF
FNY Partners Fund
New York
|
+$268K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$9K | -1,948 | Closed |
|
52
Bank of America
Charlotte,
North Carolina
| – | -$3.75K | -901 | -100% |
|
53
Barclays
London,
United Kingdom
| – | -$104 | -25 | -81% |
|
FSAM Hedge Fund Activity: Q2 2017 in Review
43 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Fifth Street Asset Management Inc. Class A (FSAM) for Q2 2017, worth a combined $20.8M — up 43% from $14.5M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FSAM and 8 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 14 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $3.03M. The largest seller was Fidelity Investments, exiting entirely with an estimated $1.18M sold.
- 43 institutional investors held Fifth Street Asset Management Inc. Class A (FSAM) as of Q2 2017, down from 46 in Q1 2017.
- Funds reported $20.8M of Fifth Street Asset Management Inc. Class A stock for Q2 2017, up 43% quarter-over-quarter.
- 8 funds opened new Fifth Street Asset Management Inc. Class A positions in Q2 2017 and 11 closed out, a net change of -3 holders.
- The largest Fifth Street Asset Management Inc. Class A buyer in Q2 2017 was Rivernorth Capital Management, an estimated $3.03M added.
- The largest Fifth Street Asset Management Inc. Class A seller in Q2 2017 was Fidelity Investments, an estimated $1.18M sold.
Based on aggregated 13F filings for Q2 2017.